Is 01721, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01721 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 01721 has remained a Seller's Market.

Key Takeaway

01721 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01721, MA

How much do homes in 01721, MA cost?

Median Sold Price

$622,500

$336/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$42,500(+7.3%)

Key Takeaway

Homes in 01721 have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in 01721 was $622,500 in October 2024, up 7.3% from last year, and the median price per square foot was $336.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $425K$430K
+1.2%
2 $530K$556K
+4.9%
3 $590K$600K
+1.7%
4 $875.5K$952.3K
+8.8%
5+ $787.5K$979.5K
+24.4%

Summary: 01721 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.2%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 24.4%.

Median Sold Price Compared To Nearby Zip Codes

01748
+12.5%
01702
+10.9%
01721
+7.3%
01772
+5.3%

Housing Supply in 01721, MA

How many homes are available in 01721, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5258+11.5%

Summary: The 01721 real estate market had 58 homes for sale in October 2024, a 11.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 02
+100.0%
2 1922
+15.8%
3 1616
0.0%
4 1414
0.0%
5+ 34
+33.3%

Summary: The 01721 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 15.8%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1514-6.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01721, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in 01721 in October 2024, down by 6.7% month-over-month. Of the 14 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 01721, MA

How long does it take to sell a home in 01721, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
14 Days16 Days+16.4%

Summary: Homes in 01721 had an average of 16 days on market in Oct 2024, up by 16.4% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01721 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 14 homes were sold in 01721; 93% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 14 Days Ago

Newest Listings in 01721, MA

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